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In order to get a mortgage pre-approval one needs to decide which lender you wish to work with. One then needs to gather all paperwork together. They will need employment records, tax records and bank records.

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12y ago

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What does one need to go to get a preapproval for a mortgage?

Before one commit for buying a property, one should get a mortgage pre-approval. A pre-approval basically is a promise from the lender that you are qualify to borrow from them.


Can you get a reverse mortgage if you file bankruptcy?

Yes, a reverse mortgage does not have any credit requirements, however if you are in bankruptcy or filing one you may need court approval to do the reverse mortgage.


Where can one find a mortgage approval calculator?

People can find a mortgage approval calculator at many places. One place is at a bank, maybe not at the teller though. iGoogle also has a mortgage approval calculator, along with many other online sites.


What would one need to qualify for a business mortgage?

To qualify for a business mortgage, or a commercial mortgage loan, you would first need to qualify in terms of credit. You would also need to be able to fulfill terms of repayment through proof of income.


How does one get a mortgage with CCJS?

In order to get a mortgage with CCJS they would need to meet specific qualifications. They would need to have a good employment history and a good credit score.


Where can one get pre approval for a home mortgage loan?

Pre-approval for a home mortgage loan can be obtained through most lenders who offer mortgages. Both Wells Fargo and Chase offer pre-approvals and they even give one the option to apply for it online.


What is a mortgage pre approval calculator used for?

Mortgage calculators are used to determine how much house one can afford. Prequalification lets one determine how much one may be allowed to borrow. This is often confused with pre approval, which is the amount one is already approved to borrow, prior to house hunting.


Where can one find more information about home mortgage approval?

My FICO, Quicken Loans, Home Guides, Realtor, Chase, Property Radar, and Home Loan Learning Center are all webpages an individual may visit in order to get additional information about home mortgage approval and pre-approval.


Does one need perfect credit to get an ING mortgage?

"No, one does not need perfect credit to obtain a ING mortgage. You would be able to obtain one with a stable income every month for at least 2 years time and some credit."


For what would one use the Coldwell Banker mortgage calculator?

You would use a Coldwell Banker mortgage calculator to estimate your monthly payment on a mortgage. To estimate the monthly mortgage payment you need to enter the purchase price, down payment, interest rate, property taxes, insurance, and mortgage term.


Where might one go to obtain a mortgage for one's house?

First, one should seek pre-approval from a mortgage broker or financing company. Asking friends and family or your local bank should provide plenty of contacts. Pre-approval is important because it is really depressing to find a house you like just to find out that it is out of your available range.


What are the benefits of using free mortgage calculators?

The benefit for one to use a free mortgage calculator would be to know in advance how much one would pay each month for his mortgage. One can also us a free mortgage calculator to compare different mortgage offers.